Posts tagged ‘central jersey’

Home Mortgage Loans Are A Burden In N.Y./N.J. Region

Look like it may be tough sledding ahead for the NY/NJ region Real Estate market. It seems that this area now leads the nation in Mortgage Loan delinquencies.

From WSJ-

The New York/NJ Suburban region has the largest backlog in the country of delinquent mortgages that have yet to move through the foreclosure pipeline.

At the current rate, it would take 103 months to clear the so-called shadow inventory of mortgages in the New York/NJ area that are more than 90 days delinquent or in foreclosure. That is nearly 3.5 times the national average.

http://online.wsj.com/article/SB20001424052748704009804575308893472619792.html

June 17, 2010 at 4:56 pm Leave a comment

EXIT Realty Educates the Public in Free Webinar!

 On Tueday June 8th, Exit Realty will be hosting and broadcasting a FREE webinar, Entitled “Real Estate After April 30th (when the $8,000/$6,500 home buyer tax credits expired) – What Now?”

http://www.realestateindustryleaders.com/public/item/255142

There will be Two Free Sessions, one at 4 PM and the second at 7 PM. All you need to do is click on https://www2.gotomeeting.com/register/914090834 for the 4 PM session,

or https://www2.gotomeeting.com/register/543685610 for the 7 PM session. Register with go2meeting today!

 

June 4, 2010 at 2:21 pm Leave a comment


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